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On 10th October, Sunil Subramaniam, CEO, Sundaram Asset Management Company announced the sale of the Registrar and Transfer Agent (RTA) business Sundaram BNP Paribas Fund Services Ltd to Karvy Fintech Pvt Ltd.  Even if the business will be sold the services of the sundaram PNB paribas fund will remain same as before. After this merger,…

Read More Sundaram PNB Paribas RTA Business to be merged with Karvy

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Banks have recently started offering the personal loan in less than an hour on the portal- PSB loans in 59 Minutes. This has been started from this september. State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, Kotak Mahindra Bank and Union Bank of India will approve in-principle loan amount in just 59…

Read More SBI, Kotak Mahindra and PNB is offering Personal Loan in 59 Minutes. Check How

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Reserve Bank of India has asked all the government banks which are paying a pension to compensate the pensioners an interest of 8% per annum. This interest is proposed for the delay in crediting the pension, revised pension or pension arrears for the delay of credit after the due date of the payment. This has…

Read More RBI: Banks should pay 8% interest for the delay in crediting pension arrears

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Employees’ Provident Fund Organization is a statutory organization of the Government of India. EPFO was founded in 1951 and is under the control of the Ministry of Labour and Employment. It is the largest social security organization of the country which encourages the people to save their funds for retirement among the other things. EPFO…

Read More EPFO – www.epfindia.gov.in